CompUSA has confirmed it will be closing about half of its U.S. stores, 126 in total. The closings will happen over the next three months as inventory is shifted around to the best-situated and best-performing locations. CEO Roman Ross said:
Based on changing conditions in the consumer retail electronics markets, the company identified the need to close and sell stores with low performance or non-strategic, old store layouts and locations faced with market saturation.
Translation: "the fact that you can get just about anything we sell online, without having to deal with any of our condescending, less-than helpful staff members is rendering our physical locations obsolete, so we're closing them." I do feel for the folks that are going to be out of work, but the last time I was in a CompUSA, the sales drone asked me if I was looking for the Bed, Bath, and Beyond next door, so I can't say I'm all that sorry to see them go.
Closures Will Affect 50% of CompUSA Stores [Next-Gen]
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